Bank of America Intelligent Receivables Upgraded With AR Forecasting Capabilities And Enhanced Reporting Bank of America has announced that it has enhanced its accounts receivables matching solution Bank of America Intelligent Receivables™ with additional reporting and new forecasting capabilities, providing clients with insights based on historical trends and their customers’ behaviors. The bank also announced that it has completed the global roll out of Intelligent Receivables with the product’s launch in Brazil. Intelligent Receivables uses artificial intelligence (AI) and advanced data capture technology to bring together payment information and associated remittance detail from various payment channels, whether electronic or paper based.…
Author: Andy
Starbucks and Nestlé has announced that Nestlé plans in acquisition of Seattle’s Best Coffee brand from Starbucks. This transaction is part of Nestlé’s focus on driving sustained profitable growth in the coffee category and strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths. Seattle’s Best Coffee’s approachable line of whole bean, roast and ground packaged coffee, and K-Cup pods are available in a variety of roasts and flavor profiles across both foodservice and grocery channels. In addition to Starbucks packaged coffees distributed by Nestlé under the Global Coffee Alliance, Seattle’s Best Coffee joins Nestlé’s…
Castrol launches National Machanics’ Month to recognize great workshops and celebrate employee excellence. Castrol digital marketing campaign in Poland and Spain encourages both workshops and customers to nominate their most deserving mechanics Due to its success, the campaign has launched in the UK, with Germany to follow later this month Initiative aims to drive traffic back to independent workshops Castrol Europe has launched National Machanics’ Month, a major new campaign allowing customers and independent workshops to highlight the effort and achievements of local mechanics. The recognition programme was launched in Poland and Spain in October, and has now been…
UBS and Microsoft Corp. announced a landmark expansion of their partnership to accelerate UBS’s public cloud footprint over the next five years. Through this transformational initiative, UBS plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure, now UBS’s primary cloud platform. The partnership furthers UBS’s “cloud-first” strategy and the modernization of its global technology estate. Through this partnership, UBS will have access to the most comprehensive cloud platform, trusted by more than 95% of Fortune 500 companies, with a rich set of productivity and collaboration tools, enabling the firm to increase the speed…
Siemens will be the first global company to introduce a mandatory Green Stay Initiative (GSI) policy that makes business travel more sustainable and request that hotels provide data about their environmental impact. Together with the international service company HRS, Siemens developed global, traceable, and standardized criteria by which the carbon footprint of each individual hotel can be tracked and compared with others. So far, there has not been a global standard for using traceable criteria to compare hotel sustainability. In the future, hotel providers will submit information via the Green Stay Initiative on aspects such as energy consumption, water…
Amazon Expands Efforts to Stop the Source of Fake Reviews With New Legal Actions Worldwide Amazon has continued to expand its legal efforts to shut down fake reviews, filing its first criminal complaint in Italy and its first lawsuit in Spain. These two legal proceedings, plus 10 other new lawsuits recently launched in the U.S., target bad actors that operate more than 11,000 websites and social media groups that attempt to orchestrate fake reviews on Amazon and other stores in exchange for money or free products. “Holding bad actors accountable through litigation and criminal referrals is one of many important…
Inspired by Local Communities, the Somos Familia Collection Brings Mexico to the World The Día de Muertos “Somos Familia” collection uses local expressions on footwear and apparel as the means to share culture across the world and invite everyone into sport. The pack focuses on “Somos Familia,” describing the unbreakable bond of families and memories. The silhouettes include the Dunk High, the Air Force 1 ’07, the Air Max 1 and the Air Jordan 1 Zoom Comfort. Recognizing one of Mexico’s most important traditions, the Día de Muertos pack sees local expressions as the means to share culture across the world…
Walmart Inc., Ørsted and Schneider Electric has announced that they have successfully convened the first cohort of suppliers to participate in Walmart’s renewable energy accelerator: Gigaton PPA. Five suppliers, Amy’s Kitchen, Great Lakes Cheese, Levi Strauss & Co., The J.M. Smucker Co. and Valvoline Inc, have collaborated to execute an aggregated purchase of renewable energy from Ørsted’s Sunflower Wind Farm located in Marion County, Kansas. Over the 12-year term of the agreement, the purchase is expected to generate approximately 250,000 megawatt-hours (MWh) annually of new renewable power, or the equivalent of avoiding the carbon emissions from more than 458,000 gasoline-powered passenger cars driven for one year,…
ŠKODA AUTO’s Vrchlabí plant: Ten years of producing transmissions and targeted further development › Transmission production at the Vrchlabí plant started in October 2012 › To date, more than four million DQ200 transmissions have been produced and are used throughout the Group › Over 200 million euros have been invested in the site’s ongoing modernisation so far › The Vrchlabí plant has been CO2-neutral since late 2020 and ranks among the most modern plants in the Czech Republic Transmission production was launched at the ŠKODA AUTO plant in Vrchlabí ten years ago. The DQ200 dual-clutch transmissions produced there are used…
Morgan Stanley and The Women’s Foundation Join Forces to Empower Disadvantaged Girls Pursuing University STEM Degrees in Hong Kong Morgan Stanley has announced the launch of the Institute for Inclusion’s (IFI) Step into STEM Scholarship Scheme in Hong Kong. In collaboration with non-profit partner The Women’s Foundation (TWF), the program will support students in need in Hong Kong by providing them financial assistance and skill-building opportunities. The scholarship aims to help address the structural under-representation of women from underserved communities pursuing Science, Technology, Engineering or Mathematics (STEM) related degrees. “Helping to address systemic inequities in education and career outcomes for young adults from low-to-moderate…